STOCK TITAN

Veritone Launches New DraftClips.com Site Featuring Exclusive, AI-Enabled Basketball Footage

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Veritone, Inc. (NASDAQ: VERI) has launched DraftClips.com, a free platform offering access to over 2,600 exclusive collegiate and international basketball clips ahead of the professional basketball draft on November 18. Powered by Veritone's aiWARE and Digital Media Hub, the site provides ad-free viewing, AI-enabled search, and in-depth player profiles. This initiative follows the successful launch of a similar platform for professional football, aiming to engage fans during a disrupted sports season.

Positive
  • Launch of DraftClips.com provides fans with free access to over 2,600 exclusive basketball clips.
  • AI-enabled features enhance user experience with efficient content searching.
  • In-depth player profiles and analysis included to attract sports fans.
Negative
  • None.

COSTA MESA, Calif.--()--Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, and provider of digital content licensing services on behalf of the world’s premier sports entities, news organizations and user-generated content networks, today announced the launch of its 2020 professional basketball draft experience site, DraftClips.com.

Built on Veritone Digital Media Hub and powered by Veritone aiWARE, DraftClips.com provides fans with no-cost, ad-free access to more than 2,600 exclusive collegiate and international basketball clips and images and features unique highlights and profile summaries of elite players projected to be selected in this year’s professional basketball draft on November 18. The site gives users access to highly curated video clips, many of which have never been broadcasted previously. The streamlined user experience features AI-enabled search capabilities that enable sports fans to easily find and watch clips of their favorite players and teams, and analyze plays by this year’s top draft prospects.

“After the success of our professional football DraftClips.com in early April, we’re eager to provide sports fans with free direct access to rich college basketball content leading up to this year’s professional basketball draft,” said Ryan Steelberg, president of Veritone. “As the exclusive licensing partner for many collegiate and professional sports properties, Veritone has one of the largest collections of iconic sports content in the U.S. Since March Madness was cancelled this year and sports fans haven’t seen their favorite college basketball players in action for a long time, we’re thrilled to offer a portal where fans can easily access and relive thousands of highlight and analysis clips.”

In addition to the hundreds of hours of featured clips, DraftClips.com also includes in-depth player profiles and analysis to provide fans with an opportunity to catch up with their favorite college players and analyze their teams’ potential selections. With more than 2,600 high-resolution clips of key plays, including multiple camera angles that never made it to TV highlights, DraftClips.com provides unmatched content –– including iconic dunks, three-point shots, assists, blocks and more –– from the NCAA, PAC-12, Big Ten and Imagn.

DraftClips.com leverages Veritone Digital Media Hub, an intelligent digital asset management platform (DAM) enabling content owners to search, manage, organize, share and monetize their media. DraftClips.com is supported by Veritone Licensing, a valuable resource for rights holders and content buyers for more than 15 years.

For more information and to experience Veritone’s Draft Clips firsthand, visit draftclips.com.

About Veritone

Veritone (NASDAQ: VERI) is a leading provider of artificial intelligence (AI) technology and solutions. The company’s proprietary operating system, aiWARE™, powers a diverse set of AI applications and intelligent process automation solutions that are transforming both commercial and government organizations. aiWARE orchestrates an expanding ecosystem of machine learning models to transform audio, video, and other data sources into actionable intelligence. The company’s AI developer tools enable its customers and partners to easily develop and deploy custom applications that leverage the power of AI to dramatically improve operational efficiency and unlock untapped opportunities. Veritone is headquartered in Costa Mesa, California, and has offices in Denver, London, New York and San Diego. To learn more, visit Veritone.com.

Safe Harbor Statement

This news release contains forward-looking statements, including without limitation statements regarding the company’s DraftClips portal, including the content and features thereof, and its expected benefits to users. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone’s SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contacts

Allison Zullo
Walker Sands, for Veritone
veritone@walkersands.com
312-241-1474

FAQ

What is DraftClips.com launched by Veritone?

DraftClips.com is a platform providing free access to over 2,600 exclusive collegiate and international basketball clips, launched in anticipation of the professional basketball draft.

When will the professional basketball draft take place?

The professional basketball draft is scheduled for November 18.

How many clips are available on DraftClips.com?

DraftClips.com features more than 2,600 exclusive basketball clips and images.

What technology powers DraftClips.com?

DraftClips.com is powered by Veritone's aiWARE and Digital Media Hub.

What additional features does DraftClips.com offer?

The site offers AI-enabled search capabilities and in-depth player profiles for users to analyze draft prospects.

Veritone, Inc.

NASDAQ:VERI

VERI Rankings

VERI Latest News

VERI Stock Data

86.97M
34.40M
13.78%
31.1%
13.49%
Software - Infrastructure
Services-computer Processing & Data Preparation
Link
United States of America
DENVER